We offer our customers a comprehensive range of insurance services:
Marine Cargo & Liability
Cargo insurance provides protection against all risks of physical loss or damage to freight from any external cause during shipping, whether by land, sea or air. It is an insurance offered to cargo owners for protection against damages to goods not covered by the transporter of the goods.
Liability insurance cover carrier’s and forwarder’s liability regulated by national and international legislation and conventions or enhanced agreements with customers. Carriers and forwarders are exposed to a broad variety of liabilities in respect of the services they provide to their customers. Different liabilities are applicable for transit by sea, air, road or rail.
Marine hull insurance covers all sizes of vessel from the largest tankers and containerships to small craft and yachts. We provide cover for ocean-going vessels worldwide against risks such as physical damage and collision liability, both blue and brown water.
Credit & Political risk
Trade credit insurance protects your business against both commercial and political risks that are beyond your control. It improves the quality of your bottom line and helps you to grow profitably, minimizing the risk of sudden or unexpected customer insolvency. Credit insurance gives you the confidence to extend credit to new customers and also improves access to funding. Credit insurance protects your company against the failure of your customers to pay their trade credit debts owed to you. These debts can arise as a result of a customer becoming insolvent or failing to pay within agreed terms and conditions. Political risk insurance provides financial protection to investors, financial institutions and businesses that face the possibility of losing money because of political events. Political risk insurance protects against the hazard that a government will take some action that causes the insured to experience a large financial loss. Political risk insurance can cover many possibilities, such as expropriation (e.g., government confiscation of property), political violence (e.g., acts of civil unrest or insurrection), the inability to convert local currency and repatriate it, sovereign debt default, and even acts of terrorism and war.
Specialty insurance is a segment of the business where the more difficult and unusual risks are written. Such as Affinity schemes, Financial risks, M&A, Warranty.